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Items Tagged with 'foreclosure pipeline'

ARTICLES

New York’s foreclosure backlog isn’t going away until 2016, at least

Prospects slightly better in New Jersey
Ben Lane
"In New York, the recent private-label RMBS foreclosure backlog of 38,213 loans could be cleared in approximately 5.7 years using the last 12 months’ average exit rate of 1,684 loans and in approximately 2.4 years using the 2008-10 average rate of 4,059 loans," Moody’s Investors Service said in a new report.
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Fannie, Freddie foreclosure inventory hits new peak in Florida

Foreclosures in judicial states dwarf non-judicial states
Ben Lane
According to a new report from the Wall Street Journal, the amount of foreclosure inventory held by Fannie Mae and Freddie Mac in Florida has reached a new high, topping the previous peak which was reached at the height of the foreclosure crisis in 2010.
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Judicial states' foreclosure pipelines struggle to keep pace

CoreLogic: Foreclosure inventory falls 31 months straight
Brena Swanson
Although the nation’s foreclosure inventory continues to post strong improvement, it's filtering across America disproportionately, with judicial states significantly lagging behind non-judicial.
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Foreclosure filings drop 25%

Hit lowest level since 2007: RealtyTrac
Brena Swanson
2013 was a strong year for housing as foreclosure filings tumbled to 1.4 million, a 26% drop from 2012 and the lowest annual total since 2007.
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Foreclosure pipeline drains out

Foreclosure inventory drops by a third year-over-year
Brena Swanson
The total number of homes in foreclosure in the U.S. dropped by almost a third year-over-year in November while falling to 46,000 completed foreclosures from 64,000.
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CoreLogic: Completed foreclosures fall by 30%

Every state posts year-over-year declines
Brena Swanson
Completed U.S. foreclosures fell to nearly a third of last year's level in October, with 48,000 actions reported when compared to 68,000 finalized foreclosures a year earlier.
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